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Hi! I have a calculation that I am having trouble understanding. Could you please help? The federal government decides to spend 12 million USD on

Hi! I have a calculation that I am having trouble understanding. Could you please help?

The federal government decides to spend 12 million USD on infrastructure improvements and the margin propensity to consume is 0.65 I have to calculate the next questions:

a) expected impact on GDP

b)fiscal multiplier

c) the marginal propensity to withdraw

It would help tremendously if I could know how the formulas for these go so I can use any numbers.

Thank you!

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